On November 2, 2021, Montgomery County enacted Bill 30-21E which extends the COVID-19 Renter Relief Act. The Act originally was approved in April 2020 and had been set to expire November 15, 2021. Bill 30-21E now keeps rent...more
The District of Columbia recently announced Housing Stabilization Grants with funds from the federal CARES Act to provide COVID-19 related relief to District housing providers. Eligible landlords may be entitled to 80% of...more
Following an Executive Order by President Trump on August 8, 2020, the Centers for Disease Control (CDC) filed a notice of an agency order on September 1, 2020, in the Federal Register entitled Temporary Halt in Residential...more
9/9/2020
/ CARES Act ,
Centers for Disease Control and Prevention (CDC) ,
Coronavirus/COVID-19 ,
Eviction ,
Financial Distress ,
Infectious Diseases ,
Landlords ,
Moratorium ,
Public Health ,
Relief Measures ,
Rent ,
Rental Property ,
Tenants
On April 24, 2020, the Montgomery County Council passed the COVID-19 Renter Relief Act (the Act), which prohibits landlords from increasing residential tenant rents above the County’s voluntary rent guidelines, currently 2.6...more
Earlier today, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). We wanted to alert you to a few provisions of this legislation that may have an immediate impact on multifamily property...more
3/27/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Fannie Mae ,
Financial Stimulus ,
Forbearance Agreements ,
Freddie Mac ,
HUD ,
Mortgages ,
Multi-Family Development ,
Paycheck Protection Program (PPP) ,
Property Owners ,
Relief Measures